Is Tether Dropping Its US Market Ambition for USDT?
Tether released its Attestation Report for Q2 2025, showing a dramatic decrease in US Treasury bond purchases. The firm spent $7 billion on them last quarter, compared to $65 billion in Q1. Although the company is buying Bitcoin and gold and making corporate investments, all its “cash equivalents”, like bond repurchase agreements and non-US Treasuries,…
